Friday, November 17, 2017

John Williams & Louis Navellier

Show Highlights
  • Alternative economist, John Williams of sees economic Armageddon on the horizon.
  • Over $100 trillion in US obligations make maintaining the national debt, impossible.
  • The actual inflation rate that most people experience is much higher than the official figure, which boosts revenues by hundreds of billions of dollars.
  • Despite protests to the contrary, the real unemployment rate remains stubbornly elevated (Figure 1.1.).
  • Our guest rejects the notion of domestic economic recovery - he expects quantitative easing (QE) to resume with gusto, leading to runaway inflation and elevated gold prices.
  • John Williams anticipates dollar selling and weaker economic conditions to send US share indexes lower in 2018.
  • Louis Navellier of Navellier & Associates says investors should ignore the naysayers, US equities will rally into the holiday season.
  • Investors cannot shake their insatiable appetite for equities dividend payments, creating a self-fulfilling prophecy of ever higher prices.
  • The flattening yield curve suggests that the upcoming FOMC quarter point rate hike slated for December, will likely be the last of the cycle.
  • Given the host's forecast of 24,000 by 2018 and Louis Navellier's growth estimate of 11%; upgrades are examined via the Navellier Rating Service.
  • Companies reviewed include Insurance company Aflac, Prudential (PUK), Bristol Myers (BMY) and Phillips 66 (PSX) as solid dividend paying candidates, and China's Twitter company Weibo (WB) (figure 1.1.).
  • Louis Navellier advises each portfolio hold at least 4-8% gold as a ballast to right the portfolio amid tepid financial conditions.
  • Our guest is concerned that extensive use of robotic trading on Wall Street could lead to another 2015-style flash crash.

Friday, November 10, 2017

Gerald Celente, John Scurci & Listener's Q&A Nov. 10th, 2017

Show Highlights
  • John Scurci, head of Corona Associates Capital Management, outlines his analysis of the cryptocurrency phenomenon.
  • "Blockchain is here to stay and is truly innovative... only 4% of BTC owners control 90% of the market cap."
  • Merely 21 million BTC will ever exist, millions have evaporated or were lost on discarded hard drives, lost pass codes and "dust."
  • 100% of all BTC will be mined by 2040.
  • When juxtaposed with the global reserve currency, BTC has obvious appeal.
  • Segwit2X (B2X) was canceled Wednesday night, reportedly due to lack of consensus among the developers.
  • The market response was abrupt and dramatic; BTC launched to within earshot of $8,000 per coin, only to settle back to the previous days lows. .
  • For early BTC entrants who 10x'ed their initial investment, locking in some profits to purchase discounted PM may be advisable.
  • The duo concur, the PMs sector is under-owned and underpriced.
  • A recent article illustrated gold's intrinsic value when adjusted appropriately for real inflation, approaches $15,000.
  • John Scurci relays a humorous moniker for the yellow metal, calling "Gold... the un-bubble asset."
  • Gold remains the reserve asset of choice for central banks, the engineers of monetary policy, which improves the appeal of owning gold / BTC immensely.
  • Gold / BTC ownership is comparable to owning a mini central bank.
  • While fiat money is debt based, gold / BTC have zero entanglements or liens, representing truly sound money.
  • The discussion steers to the M1 Money Supply figure against the S&P 500.
  • A clear correlation to monetary expansion and soaring US equities prices emerges within the St. Louis Fed's graph (figure 1.1.).
  • Head of the Trends Research Institute, Gerald Celente shares the hosts' enthusiasm for Bitcoin and related Altcoins.
  • The blockchain revolution presents a key portfolio candidate for investors with a long-term focus.
  • He outlines his personal Altcoin portfolio.
  • Cryptocoins could be viewed as a safe harbor asset amid economic / financial turmoil, similar to the PMs.
  • The duo concur; investors are encouraged to dollar cost average into the cryptocurrencies and PMs over months / years, instead timing the market.
  • It may be advisable to adhere to the established names in the field when building a diversified crypto portfolio.
  • The lead developers / venture capitalists gravitate to the key projects.
  • A hypothetical portfolio follows.
  • The host identified a significant statistical correlation that suggests one method to hedge BTC profits.
  • The UUP ETF shares a -.89 correlation with BTC – a small LEAPS option position requires further analysis (figure 1.1.).